BERU Shareholders’ Meeting elects new Supervisory Board – Dividend of EUR 1.10 at the previous year’s level

Ludwigsburg, September 21, 2005 --- The ordinary Shareholders’ Meeting of BERU Aktiengesellschaft for the 2004/05 financial year concluded today at the Ludwigsburger Forum that an unchanged dividend of EUR 1.10 per share will be distributed, representing a payout ratio of 46.7% (30.7%) based on earnings per share. Dr. Ulrich Wöhr, Robin J. Adams, Anthony D. Hensel and Alfred Weber were elected to the company’s Supervisory Board. BERU AG’s Supervisory Board elected Dr. Ulrich Wöhr as its new Chairman and Robin J. Adams as its new Deputy Chairman.

Presence of 74,6% at the Shareholders’ Meeting

The Ludwigsburg automotive supplier saw 74,6% (73.1%) of the share capital present at its Shareholders’ Meeting with a turnout of around 300 shareholders and guests.

Proposals by the Executive Board approved

The Shareholders’ Meeting approved the proposed appropriation of the balance sheet profit with 99,6% yea votes and passed the discharging of he Executive Board with 96,3% and the Supervisory Board with 96,0% of the votes for the 2004/05 financial year. As in previous years, the Bayerische Treuhandgesellschaft Aktiengesellschaft audit and accounting firm in Munich was appointed as the auditor for the 2005 financial year.

Switch from financial year to calendar year agreed upon

With 99,96% yea votes shareholders approved the Executive and Supervisory Board’s proposal to switch to the calendar year effective as of April 1, 2005 and to change the articles of association accordingly. This turns the current reporting period of April 1, 2005 through December 31, 2005 into a short financial year.

Authorization to buy back treasury shares

The Shareholders’ Meeting again authorized the company to aacquire shares in the Company up to a total of 10% of the current capital stock till March 20, 2007 with 99,9% yea votes.

Annual guidance affirmed

Chairman of the Executive Board Marco v. Maltzan of the Ludwigsburg automotive supplier is looking back on a successful financial year. The Group’s sales revenues rose by 8.8% to EUR 385.8 million in the 2004/05 financial year and a double-digit EBIT-margin of 13.1% was achieved.

BERU only expects moderate growth in automotive markets for the current financial year. In light of the strong product pipeline the Group is well prepared for further profitable growth. Sales revenues and operating profit should grow at a high single-digit rate in the current financial year.